MicroBusiness Finance Program
The MicroBusiness Finance Program (MBFP) administers funding for the MicroBusiness Development Corporations (MBDCs) located across Montana. MBDCs work with Montana-based businesses with fewer than 10 full-time equivalent employees and gross annual revenues of less than $1,000,000.
Certified MBDCs:
- Provide loans up to $100,000 to qualified microbusinesses;
- Provide training and technical assistance to qualified microbusinesses; and
- Underwrite and service their microloan portfolios.
About the MicroBusiness Finance Program (MBFP)
Since the inception of the MBFP in 1991, 1,312 loans have been made across the state, totaling over $33.6 million and creating and/or retaining approximately 3,396 jobs.
A non-profit corporation interested in becoming a certified MicroBusiness Development Corporation (MBDC) should contact program staff for further details. To find out more about the Legislative intent of the Program click on MCA 17-6-401 thru 17-6-411 for the MicroBusiness Development Act. To learn more about the requirements to become an MBDC click on ARM 8.99.401 thru 8.99.405 and 8.99.501 thru 8.99.511 to review the current Administrative Rules for the MBFP.
Click on a link below to find out more about how to apply for a business loan from an MBDC near you:
Bear Paw Development Corporation
48 Second Avenue, Suite 202
P.O. Box 170
Havre, MT 59501
406-265-9226
https://www.bearpaw.org
Great Falls Development Authority
405 3rd Street NW, Suite 203
Great Falls, MT 59404
406-564-0957
https://growgreatfallsmontana.org/
Great Northern Development Corporation
233 Cascade Street
Wolf Point, MT 59201
406-653-2590
https://www.gndc.org
Headwaters RC&D Area, Inc.
65 E Broadway Street, 2nd Floor
Butte, MT 59701
406-782-7333
https://www.headwatersrcd.org
Montana Business Assistance Connection, Inc.
225 Cruse Avenue
Helena, MT 59601
406-447-1510
https://www.mbac.biz/
MoFi [Montana and Idaho Community Development Corporation]
229 E Main Street
Missoula, MT 59802
406-728-9234
https://www.mofi.org/
Montana West Economic Development
44 Second Avenue West
Kalispell, MT 59901
406-257-7711
https://dobusinessinmontana.com
Native American Development Corporation
17 North 26th Street
Billings, MT 59101
406-259-3804
https://www.nadc-nabn.org/
Carolyn Jones, Section Manager
Phone: 406.841.2594
Danielle Williams, Program Specialist
Phone: 406.841.2737
PO Box 200505
301 S Park Ave
Helena MT 59620-0505